How much can i borrow on a personal loan

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Bad credit no credit no problem You might not need a fast cash payday loan. It could be the wrong kind of loan for you. There are other solutions depending on your financial status. If you took out a payday loan and didnt pay it back on time youve probably had collectors call and they may have threatened to garnish your wages.

Can they do that Decisions about credit and loans involve lots of factors including how much money you need what terms youre offered and who is behind the offer. A payday loan default can drain your bank account and trigger collection calls a lawsuit and wage garnishment. Here are some actions you can take to protect yourself if you cannot pay.

82 APR. If you borrowed 5,000 over a 48 month period and the loan had an 8 arrangement fee (400), your monthly repayments would be 131. 67, with a total payback amount of 6,320. 12 which including the 8 fee paid from the loan amount, would have a total cost of 1,720. Representative 18. 23 APR.